afx

Hackers steal $35.56M in three exploits

#AFX , a decentralized perpetual exchange on #ARBİTRUM , reportedly lost $24.15M in a hack targeting one of its cross-chain bridges. #Verus lost about $7.55M after its #Ethereum cross-chain bridge was attacked, while #Bitcoin #Layer2 #B2Network reported losses of approximately $3.86M following a separate compromise.

The consecutive exploits underscore the ongoing security challenges faced by cross-chain bridges, which manage significant asset pools and facilitate transfers between different blockchains.

👉 cointelegraph.com/news/afx-protocol-reportedly-loses-24m-in-bridge-exploit

⚠️ AFX Protocol Loses $24M: Bridge Exploit Tests DeFi Security in July 2026
On July 23, 2026, the AFX protocol reportedly lost $24 million in a bridge exploit, the latest in a series of cross-chain security incidents this year.
The attack targeted bridge infrastructure connecting multiple networks, underscoring persistent vulnerabilities in cross-chain architecture. Users are advised to review exposure to affected protocols and monitor official channels for updates.

📌 Key Takeaway:
AFX protocol losing $24M in a bridge exploit highlights ongoing DeFi security risks, with cross-chain infrastructure remaining a prime target.

#AFX #DeFi #BridgeExploit #CryptoNews
#BinanceAlphaAlert

AFX Trade just got hit in a $24.15M exploit. The attacker behind the #AFX Trade exploit has already moved the stolen funds.
After stealing $24.15 million, the exploiter bridged all 24.15M USDC to Ethereum and used it to buy 12,467 ETH at an average price of $1,937.
Address: 0x2f2974fAbc54dbA33442261211c06BD20E0FEefc
The quick move from USDC into ETH suggests the attacker is already repositioning the stolen funds, making this wallet one to keep a close eye on.

🚨 $AFX BRIDGE HACK: $24M SIPHONED INTO $ETH – LIQUIDITY SHIFT IN PLAY 💥

📊 On-chain data reveals the AFX bridge on Arbitrum lost ~24M USDC to an exploit, instantly swapped into 12,467 ETH. 🦈 This move is textbook smart money risk management: convert illiquid stablecoins into deep-liquidity ETH before the freeze window closes. 📌 The victim ETH now sits in a stand-alone wallet – no mixing, no movement yet.

⚠️ While this event doesn't directly target $ARB 's mainnet, it exposes a critical trust fracture in Arbitrum's cross-chain infrastructure. 🔍 Expect DeFi TVL migration pressure toward more audited bridges, and short-term selling pressure on ETH as the hacker may begin layering through privacy protocols. 💬 Do you still trust cross-chain bridges, or is the only safe path staying native on L1? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #AFX #ARB #DeFi #Security #ETH

🛡️ 🔍

🚨 $AFX BRIDGE EXPLOITED FOR $24M – ATTACKER NOW HOLDS 12,467 ETH 💣

The AFX Trade bridge on Arbitrum was drained of $24.15M in USDC, with the attacker bridging funds to Ethereum and swapping into 12,467 ETH. 💰 Blockaid and PeckShield confirmed the incident, while Offchain Labs clarified Arbitrum’s native bridge remains untouched — this was a third-party protocol flaw. 🔍

The exploit highlights a recurring risk in cross-chain bridges: a single vulnerability can unravel liquidity pools instantly. The Arbitrum team is now coordinating with AFX Trade, but the stolen ETH remains tracked. 📊 💬 How do you vet bridge security before interacting with a protocol? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #AFX #Arbitrum #Exploit #DeFi #Security

🦈 🛡️

🚨 $AFX BRIDGE BLEEDS $24M – CRYPTO'S WILD WEST STRIKES AGAIN 💥

Body

🦈 Smart money spotted the liquidity drain before the headline hit. AFX Trade’s bridge on Arbitrum just got gutted for 24 million USDC – a classic third-party exploit that the Arbitrum team was quick to distance from their native bridge. 🚨

📌 The attacker converted to 12,467 ETH and moved it cross-chain in minutes. This isn’t a protocol failure – it’s a reminder that bridge liquidity pools are the new sandboxes for attackers. 💡 When capital flows out that fast, market makers reposition, spreads widen, and risk management becomes the only edge.

💬 Are you still holding positions on bridged assets without checking the security audit? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #AFX #Arbitrum #Exploit #DeFi #Security

⚠️ 🛡️

🚨 $AFX BRIDGE HIT – 24.15M USDC SWEPT IN A WHALE-SIZED LIQUIDITY GRAB 🔴

🔍 Three hours ago, the Arbitrum bridge of perp DEX AFX Trade suffered a direct exploit. 24.15M USDC bled out, cross‑chained to Ethereum, then instantly swapped into 12,467 ETH at $1,937 each.

💥 This is a textbook liquidity sweep by an attacker – bridging, swapping, and consolidating in minutes. For $AFX traders, the immediate risk is a cascading sell‑off if the hacker decides to dump ETH into the open market. 📉

🔎 The stolen funds now sit as ETH, meaning the attacker controls a position that can be unwound anytime. Watch for abrupt sell pressure on both L1 and L2 pairs. 💡 Is this just the first domino, or will the market absorb the flow? 🤔

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #AFX #DeFiHack #Arbitrum #ETH #Security

🛡️ 🔴

Vault yields across perp DEXs are NOT apples-to-apples. 🏦

Two very different sources:
• Emissions/points-only vaults: headline APRs of 200–400%, but value = token emissions. Depends entirely on TGE price holding. High variance.
• Real-yield vaults: paid from actual trading fees. Lower headline, but doesn't evaporate.

@AFX_XYZ Vault is the real-yield type: ~11.44% APY from fee sharing, plus points on top, no penalty. So your downside has a fee-based floor while you still get points upside.

Rule of thumb: separate the "real" APR from the "if-token-holds" APR before you size in.

#AFX #RealYield #YieldFarming #DeFi NFA. 👉
https://app.afx.xyz/?src=bn3⁠

Many people talk about "low market cap, high potential" projects. The important part is understanding the numbers instead of following hype.

Let's examine @AFX_XYZ using publicly available information.

Public information:
• 10 million total points
• 65% of the token supply allocated to the community
• Vault currently offers about 11.44% APY
• Official example shows a 5,000 USDC deposit earning 50 points per week

If points receive value during the Token Generation Event, the implied value per point changes with the project's Fully Diluted Valuation (FDV).

Illustrative scenarios:
• $50M FDV: Approximately $0.50 to $1.35 per point
• $100M FDV: Approximately $1.00 to $2.70 per point
• $200M FDV: Approximately $2.00 to $5.40 per point

These estimates are based on different assumptions about the portion of the token supply allocated to points. They are examples only and are not official values.

For users depositing 5,000 USDC into the Vault:
• Base yield is around 11.44% APY.
• Depending on the final token valuation, the points earned could significantly increase the overall return.

This combination of onchain yield and potential token rewards is one reason many DeFi users pay attention to early stage protocols.
Always do your own research, understand the risks, and never invest based solely on estimated reward models.

NFA.

#AFX #PerpDEX #Airdrop #DeFi #AFx_Crypto

My current Perp DEX farm watchlist, ranked by where we are in the cycle (earlier = better points/$): 👇

🟢 Early (best asymmetry): @AFX_XYZ — on-chain orderbook + 11% real-yield Vault + Season 1 live, 10M pts, 65% to community a few other pre-TGE names
🟡 Mid: already ramping, points getting denser
🔴 Late / Waitlist: hype priced in, harder entries AFX sits firmly in the Early bucket for me — season just running, points still cheap, real yield cushions the downside while you wait for TGE.
Better to farm early than regret later.
👉 https://app.afx.xyz/?src=bn3
#AFX #PerpDEX #Airdrop #DeFi NFA / DYOR.

Timing matters in points farms.
Here's the @AFX_XYZ roadmap as it stands: 🗓️
• Season 1 — LIVE now, ends ~7.19
• Season 2 — next rewards • Season 3 — final rewards
• TGE — points convert to token Weekly pool: 475,000 points.
Total confirmed: 10M. 65% of supply for the community.
The pattern in every farm: points are cheapest in Season 1 and get more competitive as TVL floods in later.
If you believe in the product, the entry cost for points only goes up from here. Still early.
That's the whole point.
#AFX #Airdrop #PointsFarming #DeFi NFA.
👉 https://app.afx.xyz/?src=bn3

Protocol AFX loses $24 million due to bridge exploitation

- AFX Protocol was exploited, losing $24 million.
- Offchain Labs confirms the incident is related to a third-party protocol.
- The original Arbitrum bridge system is not affected.
- The incident raises awareness about bridge security in DeFi.

#BinanceSquare #CryptoNews #AFX #DeFi #Arbitrum

$btc $eth

vlikevn Titanbot

Source: CoinTelegraph

Everyone's hunting the "next Hyperliquid." Instead of hype, let's look at architecture. 🧵 @AFX_XYZ runs a fully on-chain orderbook + on-chain settlement — the CLOB experience traders actually want, but without handing custody to a centralized venue. USDC-margined linear perps, cross & isolated margin, market/limit/stop orders. The interesting part isn't a single feature — it's the combo: orderbook depth + self-custody + a live points season funding early liquidity. That's the same playbook that made the last cycle's winners. Not saying it is the next HL. Saying the design choices are pointing the right way. 👉 https://app.afx.xyz/?src=bn3 #AFX #PerpDex #Hyperliquid NFA.

AFX Season 1 is LIVE (ends ~7.19) and honestly the farm setup is one of the cleaner ones right now. 3 ways to earn points 👇

1️⃣ Trade — every $1 of maker/taker volume earns points; holding OI over time adds weight.
2️⃣ Vault — deposit USDC, earn ~11.44% APY real yield and points at the same time. No penalty, no lockup drama.
3️⃣ Guild — join via a Guild link, your volume counts toward the team, top Guilds split the pool.

10M total points confirmed, 65% of supply earmarked for the community. Season 1 → 2 → 3 → TGE conversion.

Early seasons = best points/$ ratio. That math rarely gets better later.
👉 https://app.afx.xyz/?src=bn2

#AFX #Airdrop #PointsFarming #DeFi
NFA / DYOR.

The uncomfortable truth about points farms: every new user makes your points worth less. ⏳

AFX's Dune chart shows total users already ~doubling in 30 days — and it's still pre-TGE. The weekly pool is fixed at 475,000 points. More farmers, same pool = your slice shrinks every week.

Translation: the cheapest points AFX will ever hand out are the ones being earned right now, at ~3K users. When that number is 30K, the same effort earns a fraction of the share.

Early isn't a vibe here — it's literally a better points/$ ratio, backed by the user curve. The math only gets worse the longer you wait.
👉 https://app.afx.xyz/?src=bn2

#AFX #PointsFarming #Airdrop #DeFi
NFA / DYOR.

One thing about points farming that people often overlook is how quickly the game changes when more users show up. ⏳
@AFX_XYZ

Looking at AFX’s Dune chart, the growth is pretty clear. The user base has almost doubled in just 30 days, and this is still before $TGE.US . The interesting part is that the weekly reward pool hasn’t changed. It’s still 475,000 points.

More people joining means more competition for the same rewards. Your effort doesn’t necessarily change, but your share of the pool can slowly become smaller.

That’s why early participation can make a real difference. It’s not just about hype or chasing trends. It’s about entering when the competition is still low and your actions have more weight.

A few thousand users today can become tens of thousands later, and the same work may not bring the same results.

Sometimes the biggest advantage is simply being there before everyone else notices.
@mizukinn5518

👉 https://app.afx.xyz/?src=bn2

#AFX #PointsFarming #Airdrop #DeFi
NFA / DYOR.

AFX Season 1 is officially live, and this is one of the more straightforward points campaigns I've come across.

There are 3 ways to stack points:

1. Trade
Every $1 in maker or taker volume earns points, while keeping positions open over time adds additional weighting. @AFX_XYZ

2. Vault
Deposit USDC to earn around 11.44% APY in real yield while accumulating points simultaneously. No lockups and no withdrawal penalties.

3. Guild
Join a Guild through a referral link. Your trading activity contributes to your Guild's total, and the highest-ranked Guilds share extra rewards.

Why it stands out:
• 10M total points confirmed
• 65% of the token supply allocated to the community
• Points earned across Season 1 → Season 2 → Season 3 are expected to convert at TGE

Historically, early participants capture the strongest points-per-dollar efficiency before competition increases. If you're already active in DeFi, this campaign is worth evaluating.

👉 https://app.afx.xyz/?src=bn2

Not financial advice. Always do your own research before participating.

#AFX #Airdrop #PointsFarming #DeFi
NFA / DYOR.

Most people chase perp DEXs after the chart goes vertical. The @AFX_XYZ Dune data suggests the inflection is happening now, not later. 🚀

What stands out:
• A clean step-change in users in late June — not a spike that faded, a new baseline it kept building on
• Cumulative turnover climbing in a near-straight line toward ~$475M
• Daily turnover breaking to new highs (~$38M) into mid-July

Accelerating volume + rising users + a fixed pre-TGE points pool = a closing window. By the time a token exists and this is on every timeline, the asymmetric part is gone.

Growth first, token later. That ordering is the whole opportunity.
(Data: Dune, @mizukinn5518)

#AFX #PerpDEX #Dune #Crypto
NFA / DYOR.

"Most perp DEXs = BTC/ETH + a few alts. Broader coverage is a differentiator worth noting: 🌐

@AFX_XYZ lists crypto (BTC, ETH, SOL, XRP, HYPE…) and is expanding toward commodity/equity-style perps — all USDC-margined, on-chain, 24/7.

Why it matters for a reviewer:
• More markets = more volume routes = more ways to earn points
• Multi-asset = building for a wider derivatives TAM, not just this cycle's meta
• 24/7 access to markets that TradFi gates by hours

Breadth is a signal of ambition. Execution still has to follow — worth tracking.

#AFX #PerpDEX #Derivatives #DeFi
NFA."

Everyone asks "are AFX points worth farming?" Let's convert them to dollars. 💰

Public: 10M total points, 65% of supply to community. If a points/airdrop tranche of ~20% of supply backs them, implied value per point at TGE:
• $75M FDV → $1.50 / pt
• $150M FDV → $3.00 / pt
• $300M FDV → $6.00 / pt

Now the official Vault example: 5,000 USDC → ~50 pts/week (~2,600 pts/yr). That converts to:
• Bear: ~78% points-APR + 11.44% real yield ≈ 89%
• Base: ~156% ≈ 167%
• Bull: ~312% ≈ 323%

Double-digit real yield as your floor, triple-digit implied on top. That's the value story.

#AFX #YieldFarming #Airdrop #DeFi
NFA / DYOR.